Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Finished goods Inventory, beginning Work in process Inventory, beginning Raw materials Inventory, beginning Rental cost on factory equipment Pepper Company $ 17,350 20,650 10,350 Garcon Company $13,000 17,800 7,300 30,250 25,150 Direct labor 23,800 43,400 Finished goods inventory, ending 21,650 14,400 Work in process Inventory, ending 25,000 16,400 Raw materials Inventory, ending 5,900 7,600 Factory utilities General and administrative expenses 14,550 17,000 28,000 57,000 Indirect labor 10,010 13,360 Repairs-Factory equipment 6,020 Raw materials purchases 39,500 68,000 Selling expenses 63,200 47,600 Sales 266,410 370,330 Cash 23,000 19,200 Accounts receivable, net 14,400 19,950 Exercise 14-7 (Algo) Computing cost of goods manufactured and cost of goods sold LO P1, P2 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Direct materials Garcon Company Papper Company Raw materials available for use 0 0 Direct materials used 0 0 Factory overhead Total factory overhead 0 0 Total manufacturing costs Total cost of work in process 0 Cost of goods manufactured Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Goods available for sale. Alt Text: Table Cost of goods sold Garcon Pepper Company Company